Trouble is, of course, the medical professionals relocating to help out in the "hot spots" rely heavily on STRs for accommodations close to where they work.

I prefer owning SFRs and small multi-units over the larger multi-units for a few reasons:On larger deals you lose control due to the syndication.You can't sell to a retail buyer if rents compress (the value of the property is strictly based on the income it produces).A mortgage payment on a larger building is harder to float if something happens (flood, fire, etc.) whereas I can cover the mortgage on one of my single family houses if it floods, and the odds of all of them flooding are very small.Hope that helps!

On the other hand, I would be happy to talk more about management if that's something that you're having trouble with, just send me a PM!

Hello Eylan, If I had to start over again, I would take the lesson for a single investor and find a neighborhood with the types of houses I want to fix up and live in, that produce profits up front from my sweat equity.

In hindsight I should have told her she could get him in serious trouble but I didn’t know she could at the time.

Better to have $100k producing $1k/month on 4 properties, each with 25% equity than from 1 paid-off property worth $100k.

I really appreciate your response here.To your part about "considering the rent" in as you would want to move out is the exact mindset I had.I too am having a hard time finding a Duplex in my area that produces a cash flow.

The comps were producing 1200/mo less than my property and were not rehabbed.

That is like me saying the only reason you offered your tenants a discount is because they are all in financial trouble.

Isaac,Perhaps your investing criteria is too much and will not fit your market. maybe you are looking for a certain return on your investment that the area historically does not produce, maybe the average return is 8% vs a 10% return that you may be looking for, I am not saying you should switch your investment tactic, but just try to look into what the area is like by possibly talking to other investors in the area you may know.